Determine the probability that strictly more heads
Assume that the fair coin with p = .5 (probability of heads) is tossed independently 10 times. Determine the probability that strictly more heads are obtained than tails.
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There has been extensive discussion of "wealth effect." The argument goes that inflated stock values were partially responsible for strong United States. Economy of 1990's.
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Consider and economy with the following production technology: Y = 9K^1/3 L^2/3, where the aggregate capital stock is K=100, and the aggregate labor is L=100. The price of output is 1.
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Indonesian lenders are the most profitable business in world. The average return on the equity is 23% more than double 9% in the US. The main issue is he limited supply of the official lenders, prompting an average interest of 16-20% for short ter
4-10calc A U.S. auto maker plans to build two more plants in China as it aims to harness continued growth in Asia. The company calculates that it must make annual investments of the $40 thousand over a 15-year period.
A Japanese car maker plans to develop its production in United States. The company borrowed $137,702,482 for this expansion at an interest rate of the 8 percent per year.
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